EconomyNew York sues Polymarket over alleged unlicensed gambling operation
New York has sued Polymarket operator QCX LLC, alleging its event contracts constitute unlicensed gambling. Attorney General Letitia James is seeking an injunction, restitution, disgorgement and potentially $100,000 penalties, arguing the platform solicited wagers on sports, elections, culture and other events without state licenses.
New York sues Polymarket over alleged unlicensed gambling operation
Economy